DefinedCrowd Announces $1.1 Million Series Seed Funding
KIRKLAND, WA — (September 1, 2016) – DefinedCrowd Corp., a next-generation data science company focused on building data refinery platforms for machine learning and artificial intelligence, today announced a $1.1 million Series Seed funding round which included Sony Innovation Fund, Amazon Alexa Fund, and Portugal Ventures. The investment will be used to accelerate the development of the DefinedCrowd software-as-a-service platform, which combines machine learning and data science with the global power and scale of modern crowdsourcing to enable enterprises to improve quality, scalability, and time-to-market for their artificial intelligence and natural language processing applications.
“We are incredibly excited to announce the close of our Series Seed round and the set of incredible strategic partners that we now have as we continue to execute on our vision of becoming the best platform for adding intelligence to artificial intelligence and machine learning companies and applications,” said Dr. Daniela Braga, Chief Executive Officer of DefinedCrowd. “With this funding, we plan on accelerating the release of our SaaS-based product line: we will add more data pipelines, more crowd management, and crowd diversity features, more quality control and data security features, and more enterprise scalability. We have been listening to customers globally, refining our feature set, and are ready to execute. We’re also starting to expand our services to European and Asian markets. We couldn’t be more excited.”
“The goal of the Alexa Fund is to fuel voice technology innovation and DefinedCrowd is doing exciting work to advance machine learning and artificial intelligence,” said Steve Rabuchin, Vice President, Amazon Alexa. “Their platform helps data scientists and developers build natural language applications faster and with higher-quality without requiring deep knowledge of speech science or natural language understanding and we’re glad the Alexa Fund investment can help expand those capabilities.” Additionally, DefinedCrowd announced that the company has extended its global crowdsourcing audience to over 36 countries covering over 30 languages and 100+ dialects, as well as extended its crowdsourcing audience by over 100%. “We are very focused on extending our data pipelines and templates to bring easy-to-use, enterprise-class crowdsourcing and data enrichment services to global companies everywhere,” said Dr. João Freitas, Chief Technical Officer. “We expect to add more self-
service features, continue our investment on specialization on data for AI, workflow and process templates, with state-of-the-art reporting and analytics services, and robust REST APIs. Our ultimate goal is to build the most modern data enrichment platform available to enterprises everywhere.” To learn more about the DefinedCrowd, please visit https://www.definedcrowd.com